After Donald J. Trump’s legendary, sweeping victory in the Presidential elections, the stock market has reacted with euphoria, looking forward to his pro-business administration.
It stands to reason that Trump Media shares would also be on the rise, especially after Trump torched the people saying that he was about to offload his shares in the company.
New York Post reported:
“Shares of Trump Media & Technology Group jumped on Friday after President-elect Donald Trump said he had no intention of selling his shares in the company, which owns his Truth Social media platform.”
Trump took to Truth Social to counter what he described as ‘rumors’ that he had the intention of selling his shares.
“’There are fake, untrue, and probably illegal rumors and/or statements made by, perhaps, market manipulators or short sellers, that I am interested in selling shares of Truth’, Trump wrote. ‘THOSE RUMORS OR STATEMENTS ARE FALSE. I HAVE NO INTENTION OF SELLING!’, Trump added.”
Shares of the social media company jumped 15% higher on Friday at $31.91, with a session high of $33.03. […]
— Read More: www.thegatewaypundit.com
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